XLM Edges Higher 2.6% to $0.25 as U.S. Bank Tests Stablecoin Pilot

Economist Paul Krugman suggests that the decline in Bitcoin prices may be related to US President Trump. （Decrypt）

UAE’s new financial law brings crypto and blockchain into traditional finance and under Central Bank’s supervision.

Short term holders of Bitcoin currently suffer daily losses exceeding $900 million, surpassing the scale of losses during China's mining ban and FTX crash. （Cointelegraph）

Legendary investor Gareth Soloway announced the opening of a new Bitcoin long position, with the specific amount undisclosed. （The Bitcoin Historian）

[JPMorgan Predicts Fed Will Cut Rates in December] JPMorgan has adjusted its forecast, believing that the Federal Reserve will cut rates in December.